Microsoft Q1 Results Top Estimates

(RTTNews) - Microsoft Corp. (MSFT) reported net income for the first quarter of $4.54 billion or $0.54 per share, compared to $5.24 billion or $0.62 per share for the year-ago quarter.

The latest quarter results include $1.14 billion of integration and restructuring expenses, or an $0.11 per share negative impact, related to both Microsoft's restructuring plan announced in July and the ongoing integration of the Nokia Devices and Services business.

Revenue for the first quarter rose to $23.20 billion from $18.53 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.49 per share on revenue of $22.02 billion for the first quarter. Analysts' estimates typically exclude special items.